Wesfarmers has executed its acquisition of Kidman Resources by completing a $776 million deal.
Northern Star Resources has taken a step to speed up its acquisition of Echo Resources as it waived all the remaining conditions that could hold up the offer.
Acquisition is the way to survival as major new greenfields discoveries appear to have dried up, according to PCF Capital principal Liam Twigger.
Aeris Resources has reiterated ambitious company plans for acquisition despite an unsuccessful bid to acquire Glencore’s CSA mine in New South Wales earlier this year.
St Barbara has met its revised 2019 production guidance, while remaining on track to acquire Canada’s Atlantic Gold.
Macmahon has confirmed market speculation about its potential takeover of the GBF Underground Mining group, which could provide it with a strong access to the Western Australian Goldfields.
Auroch Minerals is set to bolster its presence in Western Australia through a planned acquisition of Minotaur Exploration’s Saints and Leinster nickel projects.
Barrick Gold plans to acquire the remaining Acacia Mining shares it doesn’t own in a buyout offer to douse a long stand-off with the Tanzanian Government.
Metminco will merge with unlisted company Andes Resources to create a leading Colombian gold explorer and developer with one of the largest portfolios of gold-copper exploration assets in the Cauca Valley.
Barrick Gold is expecting to reap the returns of its Randgold acquisition this year, 12 months within completing the world’s largest gold merger that pushes chairman John Thornton’s compensation to nearly 29 times his base salary.
Coal companies are expected to turn away from mergers and acquisitions (M&A) this year to maximise the value of their existing assets on the back of high prices and a weaker Australian dollar.
The global value of financial deals in the mining industry fell by just under 15 per cent in 2018 despite an overall increase in mergers and acquisitions, according to research from GlobalData.
Australia hit a new record in mergers and acquisitions (M&A) not seen since 2015 last year, totalling $164.1 billion in deals, with energy mining and utilities topping the target sectors.
Epiroc continues with its string of acquisitions with the takeover of Innovative Mining Products in Johannesburg in South Africa for an undisclosed amount.
Qteq will join forces with Perth-based Wireline Services Group on the back of a string of acquisitions this year, including Surtech and Wellserv last May.
Ausdrill is set to acquire underground hard rock contractor and African joint venture partner, Barminco, in a deal worth $271.5 million.
Mining mergers and acquisitions rose by $US25 billion during the first quarter of 2018, up 86 per cent year-over-year (YoY), according to a new report from EY.
Mineral Resources (MinRes) has secured a deal to acquire iron ore company Atlas Iron through a scheme of arrangement that values the target at around $280 million.
Professional services firm Herbert Smith Freehills believes a renewed focus on exploration and stronger commodity prices will be key factors that influence merger and acquisition (M&A) activity in 2018.
China’s Hanking has launched a $37.5 million takeover offer for explorer Primary Gold that has been recommended by the target’s board.